A disastrous Salzburg summit has brought the risk of a ‘no deal’ Brexit into sharper relief for fixed income investors. While a compromise and a ‘soft’ Brexit remains our base case, it is reasonable to expect a period of heightened volatility ahead and there is understandable concern around UK assets, including UK residential mortgage-backed securities (RMBS).
In this webinar Portfolio Manager Douglas Charleston will explain why we believe UK RMBS will preserve capital if volatility rises, and investors willing to look through the headline risk to the fundamentals will have an opportunity to pick up a material spread premium.
Eoin Walsh (Partner, Portfolio Manager) will provide an update on TwentyFour’s fixed income outlook for 2018, including what we feel will be the main market drivers and the potential headwinds we could face. Eoin will also provide an update on the Dynamic Bond Fund, highlighting current position and investment themes.